President of Ferrari Sergio Marchionne gives his speech at the stock exchange as the Ferrari luxury carmaker made its Milan stock market debut, in Milan, Italy, Monday, January 4 2016. The company famed for its Formula 1 racing machines and coveted red roadsters began trading Monday morning, the first business day of the year, at 43 euros ($47) under the RACE ticker. (Photo by Daniel Dal Zennaro/ANSA via AP Photo)